• Flying Squid@lemmy.worldM
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      8 months ago

      It’s not. He even has defenders on Lemmy. Say that he has no experience as an engineer when it comes to cars and rockets and they come crawling out of the woodwork with quotes from people who worship him saying he’s totally an engineering genius.

    • GooseFinger@sh.itjust.works
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      8 months ago

      I have a handful of tankie capitalism and “democracy” loving, American “traditional” leaning and religious Republican coworkers who absolutely still believe that he’s a genius. They feel that way about other billionaires too.

      Edit: TIL that “tankie” doesn’t mean “capitalism and ‘democracy’ loving, American ‘traditional’ leaning and religious Republicans.” I guess the shorthand for that is just “stereotypical conservative.”

      • Wrench@lemmy.world
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        8 months ago

        Are your tankie friends buying tesla vehicles?

        Edit - real question. I have doubts his neo nazi/ libertarian followers are buying EVs because they seem to actively want to harm the environment as much as possible.

        I’m genuinely curious what the tankie demographic is like. I could see them as off the grid solar/battery doomsday prepper types.

      • reddig33@lemmy.world
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        8 months ago

        That’s lovely, but conservatives aren’t the market for solar panels and electric cars.

      • Blue_Morpho@lemmy.world
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        8 months ago

        Stock value can take a very long time to adjust. Once consumers and institutions buy a stock, they can’t sell it easily. It’s either a loss to sell it if they bought at a peak so they wait it out or if it’s up and they want out, selling needs to be spread out to limit capital gains tax. If it’s an institution with a large holding, it will cause the stock to drop before they’re out.

        • Bloodyhog@lemmy.world
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          8 months ago

          Mostly agree, but. As far as I understand it, for TSLA the majority of the bull run is due to relatively small investors riding the hype. Big stakes are indeed rare to change hands, and mostly outside the marketplaces. Should the small guys really change their mind on the stocks, they (or at least the first wave) will easily dump it, and that will move the market by a lot. We can probably see it in YTD results, but still there is no dumping, in my opinion. Just a correction, so far.
          Personally would not buy now, though )